Mainstream Cryptocurrency Analysis
BTC
Moving Average Situation: Short-term moving averages are weak, 4H is still in a downward channel, and trading volume has not shown effective expansion.
Key Support:
108500-107400 (short support), if broken, look at 106300–104800 (major support).
Key Resistance: 113000–113900 (short resistance), strong resistance at 115600–116900.
Key Points for Trading: Currently, bullish momentum is limited. Test for a rebound with light positions between 108500-107400, and place a stop loss below 107000; if it approaches 114600–115600 and faces clear resistance, consider shorting with light positions and strict stop loss; if it breaks below 109500, do not resist initially, wait for the major support below 108000 before considering phased entry.
